40228 Home Values & Market Trends

There are 18 homes currently listed for 40228. 40228 real estate market trends show that home prices range from $183,000 to $415,000, and the median sales price in the 40228 zip code is $230,483.62. The total number of properties sold within the past twelve months is 277. In 40228, 9 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

40228 Real Estate Market Overview

CityMedian Est. Value
Louisville

$ 225,000

$ 137/sqft

Housing Market Summary for 40228

Apr 2023March 2024Change
Median Listing Price$257.5K$228.1K-11.41%
Median Sold Price$235K$228.1K-2.93%
Homes For Sale1413-7.14%
Homes Sold1451524.83%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 40228

The median list price of a home in Louisville, is $230,483.62. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 40228 properties is 6,675.

Foreclosure
There is 1 cities within 40228; within this cities, the median estimated home value for homes in foreclosure ranges from $1,823,220 in louisville to the lowest value of $29,882 in louisville. Foreclosure homes account for 0.00% of properties in 40228 with louisville containing 267 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.10% of all residential properties in 40228 with louisville containing 175 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40228; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,823,220 in louisville to the lowest home value of $29,882 in louisville.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 40228 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 40228. There is 1 cities within 40228; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    louisville has 83 auction properties, the highest number of properties going to auction in a single city in the state of 40228. Auction homes and other auction properties account for 0.03% of all properties in 40228. There is 1 cities within 40228; of that cities, the median estimated home value for homes going to auction ranges from $411,581 in louisville to the lowest value of $33,171 in louisville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in 40228 with louisville containing 847 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40228; homes for sale in that cities, have a range of median values from $5,250,000 in louisville to the lowest value of $20,486 in louisville.
    Sold Homes
    The median value for recently sold homes ranges from $3,630,129 in louisville to the lowest price of $17,738 in louisville. There is 1 cities within 40228. louisville has 5006 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.37% of properties in 40228.

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      Guide for 40228

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      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      Knoxville Real Estate Market Report, April 2024
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      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

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      What Type of Loan Is Best for First-Time Home Buyers?
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      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes 40228

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